The Federal Reserve is expected to announce its interest rate decision at 2 AM Beijing time tomorrow. The probability of a rate cut in May is only 3.1%. According to CME's 'FedWatch' data, the probability of the Federal Reserve cutting rates by 25 basis points in May is just 3.1%, while the probability of keeping rates unchanged is 96.9%.
With the expectation of no rate cut remaining unchanged, it all comes down to the content of the meeting and the debate between doves and hawks. The market has almost exhausted its sentiment regarding not cutting rates, so for tonight's market, we will make a prediction: it is highly likely to experience a decline followed by a rise. For those who are not good at grasping market trends or who already have very little ammunition, it is better not to join the crowd at this time and to wait for the trend to become clear before participating.